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Forex Trend Analysis Report
Prepared for you on Wednesday, October 20, 2021.
Colombian Peso/Argentine Peso (FOREX:COPARS)
Countertrend Up (+85) - COPARS is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid COPARS?
MarketClub looks at technical strength and momentum to determine if the timing is right for COPARS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for COPARS
The long-term trend has been UP since Oct 4th, 2021 at 0.02608296
The intermediate-term trend has been UP since Aug 27th, 2021 at 0.02528234
The short-term trend has been DOWN since Oct 18th, 2021 at 0.02624479
Smart Scan Analysis for COPARS
Based on our trend formula, COPARS is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.02631394 | 0.02633201 | 0.02625518 | 0.02628795 | -0.00002600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.02631394 | 2021-10-20 07:03:55 |